HUD Home Sales Maryland

HUD Home Sales - Maryland
Search for repo properties in your area and get details, photos, location map and contact information. Updated Daily.

Definition of a HUD Home
Any one to four unit residential property obtained by HUD as a consequence of a repossession on an FHA-insured mortgage is considered a HUD home.

Eligibility to buying a HUD Home
Anyone with cash or is eligible for a home loan can purchase a HUD Home. Priority of sale is to owner-occupant buyers and then to other buyers and investors.

Who sells HUD homes?
All HUD homes are offered for sale to the public by real estate management companies working on behalf of HUD. Realtors, agents and brokers registered with HUD are eligible to submit offers on behalf of buyers.

Special programs for eligible buyers
Homes in locations considered "Revitalization Areas" can be purchased at a reduced prices under the "The Neighbor Next Door" and "Direct Sales" Programs. Eligible buyers include teachers, firefighters, law enforcement and medical emergency personnel, Non-profit agencies and Municipalities. Contact the local HUD offices for Revitalization Areas in Maryland.

Where can I find HUD home sales in Maryland?
HUD home listings can be found at Home Source Real Estate Asset Services.

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